What does loss prevention mean?
📌 optimization of operational - commercial processes, cost reduction, globalization, is increasingly evident in today's society;
📌 increasing the need and interest in ensuring the security of oneself, clients and goods
📌 reduced purchasing power, real unemployment (not the official one), organized crime (organized groups) - combined with the current legislation;
📌 the traditional approach to loss prevention = visible security measures, such as cctv, eas gates, access control, sensor barriers, involving only the supplier/security department
📌 incidents caused by the increase in the level of losses and the diversification of the causes that produce them, with a direct impact on profit;
📌 most companies opt for their own loss prevention team or use external security firms
📌 strategies, measures, procedures, policies, usual practices in order to reduce known or unknown losses
📌 deliberate or accidental actions or inactions of employees or collaborators, which produce losses immediately or over time
📌 losses: theft, fraud, vandalism, loss of customers or reputation, damage to image, favoring competition
